Redefining the Classroom

Available Financial Aid

Federal Financial Aid

Institutional (LSSU) Aid

Michigan Financial Aid - Pending Budget Approval

Other Aid Sources


Federal Financial Aid

Federal Pell Grant

All students filing the FAFSA are automatically reviewed for Pell Grant eligibility. Pell Grants provide assistance to which other forms of aid may be added.

Pell Grant amounts vary according to the year ($626-$5775 for 2015-16) and number of credits enrolled in each semester.

To be eligible for a Pell Grant, students must:

  1. Be determined to have financial need.
  2. Be undergraduates accepted for admission and enrolled in eligible programs and meet satisfactory academic progress standards.
  3. Be U.S. citizens or permanent residents or qualified Jay Treaty students.
  4. Not be in default on a Federal Direct Stafford or Perkins Loan, and not owe a refund for a Pell Grant or other federal aid.
  5. Not be disqualified due to prior drug offense convictions.

There is a limit to the total amount of Federal Pell Grant that a student may receive in their lifetime, which is the equivalent to 6 school years.

Although awards are made through the University, the U.S. Department of Education determines eligibility. The University Financial Aid Office uses a standard procedure established by the Department of Education to calculate the award.

To apply, complete the Free Application for Federal Student Aid (FAFSA). Forms are available at high schools, colleges and financial aid offices or online at


Federal Supplemental Educational Opportunity Grant (FSEOG) (Priority aid)

The Higher Education Act of 1965 created this program of financial assistance to help college students with the greatest financial need. Supplemental Educational Opportunity Grants may be used to meet all or part of student financial need (up to $1000 in any one year).

Financial need is the primary consideration in the selection of grant recipients. Priority is given to the neediest Pell Grant recipients. Recipients are selected from those applying for all forms of financial aid by using the FAFSA.

FSEOG is a priority fund that is distributed first to students who file their FAFSA by March 1st.
Recipients of this award must reapply each year and maintain the regular satisfactory academic progress standards to be considered for a renewal award.


Federal Occupational Education Program (OCED)

The Perkins Grant Program provides OCED funding for students with demonstrated financial need, as determined by filing the Free Application for Federal Student Aid (FAFSA), and who are enrolled in certain Associate’s degree programs. Students who qualify for the Federal Pell Grant and have earned less than 72 credits will automatically be considered if enrolled in one of the following Associate’s degrees:

  • Criminal Justice - Corrections
  • Criminal Justice - Law Enforcement
  • Early Childhood Education
  • Fire Science
  • Health Care Provider
  • Manufacturing Engineering Technology
  • Natural Resource Technology
  • Small Business Administration
  • Substance Abuse Prevention and Treatment
  • Technical Accounting

This grant provides supplemental funding for qualified students and may be pro-rated for less than full-time attendance.


Federal Work-Study (Priority aid)

If you have demonstrated financial need, per the FAFSA, you may be eligible for employment by Lake Superior State University under the Federal Work-Study Program.   Students who were offered Federal Work Study have received the offer because they qualified under the FWS rules. A FWS “offer” is not a guarantee of work. When a student accepts FWS, it means that they can proceed to the next step and seek employment through the online student job board.

Students may work up to 19 hours weekly while attending classes at least half-time.   Most students work 6-10 hours per week during the academic year.  During the summer or other vacation periods when you do not have classes, you may work full-time (40 hours per week) under this program.

The basic starting rate tends to be commensurate with the current minimum wage. Higher rates are paid for highly specialized work.  You must first accept your federal work study offer under the financial aid tab of your Anchor Access Account.  You can then apply for a job via the online Job Board, which is also accessible through your Anchor Access Account.

America Reads Program at Lake Superior State University is another work study opportunity for students. Students work as reading tutors in the local elementary schools and are paid through the Federal Work-Study Program. Interested students should request this unique employment experience when submitting their applications for employment.

It is recommended that students on academic probation do not continue or seek employment until probationary status has been corrected.


Campus Job Opportunity

Students who do NOT qualify for Federal Work Study through their Financial Aid package may still be eligible to work on campus under the Campus Job Opportunity Program. Students must be enrolled full-time, and may work up to 19 hours per week. During the summer and other vacation periods, students may work up to 40 hours per week.

Every effort is made to employ students in areas of study providing a “learn while you earn” situation. On-campus jobs include work in laboratories, libraries, maintenance, offices, switchboard, and food service areas. You can earn approximately $2,000 during the school year and up to $4,600 in the summer with an on-campus job.

You can apply for campus job opportunities through the online Job Board via your Anchor Access Account.

It is recommended that students on academic probation do not continue or seek employment until probationary status has been corrected.


Bureau of Indian Affairs Scholarship Grant

Members or those eligible for membership in a federally recognized tribe showing need, may apply for Bureau of Indian Affairs Scholarship Grants by contacting their tribal education office for an application. It is possible to receive up to full university expenses per year in scholarship grants if financial need is demonstrated.

All applicants must complete a Free Application for Federal Student Aid (FAFSA).


Bureau of Indian Affairs Vocational Training Assistance

Native students enrolled in certificate or associate degree programs are eligible for assistance to pay for tuition, books and living expenses. You must be a member or eligible for membership in a federally recognized tribe.

Awards are based on financial need. Applicants must complete a Free Application for Federal Student Aid (FAFSA). Applications may be obtained by contacting the Tribal Education Office.



Federal Perkins Loan (Priority aid)

The Federal Carl Perkins Loan program is for students enrolled at least half time in an eligible program who need a loan to meet educational expenses.
Students may borrow up to $5,500 for each year of undergraduate study. The lifetime loan limit for undergraduates is $27,500. The amount awarded by the University is generally less due to limited funds.
Repayment begins nine months after students graduate or drop below half-time enrollment. There is a 10-year pay back period, at five percent interest on the unpaid balance of the loan principal.
The amount of the repayment depends on the size of the debt and ability to pay. In most cases, students must pay at least $40 a month. Any agreement for a lesser amount must be attributable to extraordinary circumstances such as prolonged unemployment.
Default: If a student defaults on a Perkins Loan and the school is unable to collect, the federal government will take action to recover the loan. In cases of bankruptcy, total or permanent disability or death, loan obligations are canceled.

Deferment of repayment is available if:

  1. You are enrolled and attending as at least a half-time student at an institution of higher education
  2. For any period not to exceed three (3) years you :
    • are unable to find full-time employment.
    • are experiencing economic hardship.
    • are active in certain military service.

Loans may be canceled for performing qualifying (full-time) services in areas such as:

  1. Teaching
  2. Early Intervention Services
  3. Law Enforcement or Corrections Officer
  4. Nurse or Medical Technician
  5. Child or Family Service Agency
  6. Attorneys Employed in a Defender Organization
  7. Firefighters
  8. Tribal College or University Faculty
  9. Librarian
  10. Speech-Language Pathologist
  11. Service in an Early Childhood Education Program
  12. Certain Military Services
  13. Volunteer Services

Loans may be discharged due to death, total and permanent disability, bankruptcy, and school closure.

For further information, print and review the Perkins Master Promissory Note, Statement of  Rights & Responsibility, and the entrance interview questionnaire by clicking here.

If you decide to borrow a loan, your loan information will be submitted to the National Student Loan Data System (NSLDS), and will be accessible by guaranty agencies, lenders, and schools determined to be authorized users of the data system.


Federal Nursing Loan

The Nursing Education Loan Program provides loans of up to $5,000 a year for students working towards a degree in the nursing program. Eligibility requirements include, but are not limited to; United States citizenship, enrollment of at least half time and demonstrated financial need.

ATTN:  Nursing Students
Apply for repayment assistance with the Department of Health and Human Services by clicking here.


Federal Direct Subsidized and Unsubsidized Student Loans

Subsidized Loan

The  federal government does not charge interest on subsidized loans while a borrower is attending school at least half-time, during the six-month grace period, and during deferments (postponements of repayments).  Financial need (determined from the FAFSA) must be shown to receive this type of loan.

Unsubsidized Loan

For students without financial need, the Direct Loan Program offers Direct Unsubsidized Loans.  Unlike the subsidized loan, the federal government charges interest on unsubsidized loans while borrowers are attending school, in the grace period, and during deferment. If borrowers do not wish to pay the interest while in school, the interest amounts will be capitalized (added) to the principal loan balance.

How do I apply?

Students must file a Free Application for Federal Student Aid (FAFSA) each year to qualify for a student loan. Qualified applicants must be a United States citizen or eligible alien. LSSU evaluates the FAFSA information and determines which types of loans you are eligible for and sends you an Official Offer of Award. First time borrowers will need to complete Entrance Counseling and sign a Master Promissory Note prior to loan funds disbursing to their account.
Once enrolled at Lake Superior State University, students must meet the Satisfactory Academic Progress (SAP) standards to be eligible for additional loans.

Interest Rate and Processing Fees for both Subsidized and Unsubsidized loans:

  • 4.29% fixed interest rate for undergraduate loans disbursed between July 1, 2015 and June 30, 2016.
  • 1.073% loan origination fee will be deducted from each disbursement for loans first disbursed between October 1, 2014 and September 30, 2015.
  • 1.068% loan origination fee will be deducted from each disbursement for loans first disbursed between October 1, 2015 and September 30, 2016.

Federal Direct Loan Program Limits:

0-25 credits earned
No more than $3,500 may be in subsidized loans.
No more than $3,500 may be in subsidized loans.
26-55 credits earned
No more than $4,500 may be in subsidized loans.
No more than $4,500 may be in subsidized loans.
56+ credits earned
No more than $5,500 may be in subsidized loans.
No more than $5,500 may be in subsidized loans.
Aggregate Loan Limits (maximum lifetime eligibility) $31,000
No more than $23,000 may be in subsidized loans.
No more than $23,000 may be in subsidized loans.

* The independent undergraduate loan limits also apply to dependent students whose parents are unable to borrow under the Parent PLUS loan program.

The following are sample disclosure statements and borrower rights: dlplain, dlrights, subunsubds

Due to the processing time, loan requests cannot be honored during the last two weeks of the semester. Please submit any requests for alternative or direct loans to the LSSU Financial Aid Office before the last two weeks of the semester.

Effective beginning 2014 - 2015, the LSSU Financial Aid Office will not process a loan for less than $200.00/year or $100.00/semester.

If you decide to borrow a loan, your loan information will be submitted to the National Student Loan Data System (NSLDS), and will be accessible by guaranty agencies, lenders, and schools determined to be authorized users of the data system.


Federal Direct PLUS Loan (Parent)

Parents and/or step-parents of undergraduate dependent students may utilize the Federal Direct Parent PLUS Loan to assist in paying the student’s educational expenses.  Parents may borrow up to the difference between the cost of education and other financial aid for which the student is eligible.  The maximum amount available for the year is shown on the student’s Official Offer of Award as the “Maximum Parent PLUS or Alternative Loan” option.   

Interest Rate and Processing Fees:

  • 6.84% fixed interest rate for loans disbursed between July 1, 2015 and June 30, 2016.
  • 4.292% loan origination fee will be deducted for loans first disbursed between December 1, 2014 and September 30, 2015.
  • 4.272% loan origination fee will be deducted for loans first disbursed between October 1, 2015 and September 30, 2016.

Students must meet the satisfactory progress standards to be eligible and must file a Free Application for Federal Student Aid (FAFSA) each year to obtain a Federal Direct PLUS loan.
Repayment begins within 60 days of disbursements, or may be deferred until six months after student graduates or drops below half time.

Sample disclosure statements and borrower rights: plusds, plusplain, plusrights

Click here for more information on Parent PLUS loans.


Federal TEACH Loan Forgiveness Program

The TEACH Grant is a Loan Forgiveness Program for students who plan to become teachers in certain fields and for teachers who are seeking a graduate degree.

Qualified students may borrow up to $4,000 per year if full time, prorated for part time students.
Maximum of $16,000 for undergraduate student.
Maximum of $8,000 for Masters with lifetime limit of $24,000.

Award becomes an unsubsidized federal student loan with interest accruing from initial point of disbursement if the student does not meet forgiveness criteria within eight years.


  1. Student must be admitted into an approved major- see list on website @
  2. Student must have scored above 75th percentile on admissions test or Graduate Records Exam (GRE). Submit a copy of your original ACT results clearly showing your score above the 75th percentile.
  3. Student who did not meet the test criteria must have a cumulative GPA of 3.25 or higher.
  4. If qualified by GPA, must meet that minimum each semester.
  5. Student must complete Entrance Counseling, Interim and Exit Counseling.
  6. Student must complete Agreement to Serve each year.

Criteria for forgiveness of loan for students:

  1. Must complete four years of teaching within eight years of finishing program.
  2. Must perform teach service as a highly-qualified teacher.
  3. Must teach in a high-need subject area for at least four years at a school serving low-income students.
  4. Must be a full-time teacher with majority of time spent teaching one of the high need subjects:
    • Bilingual Education and English Language Acquisition
    • Foreign Language
    • Mathematics
    • Reading Specialist
    • Science
    • Special Education
    • Other teacher shortage areas documented as high need by Federal, State or local education agency and listed in Department of Education Annual Teacher Shortage Area Nationwide at the time the student begins teaching.

For more information on how to receive the TEACH grant, click here.


Michigan Financial Aid

Michigan Tuition Incentive Program (TIP)

The Tuition Incentive Program (TIP) encourages eligible students to complete high school by providing tuition assistance for the first two years of college and beyond. To meet the financial eligibility requirement, a student must have (or have had) Medicaid coverage for 24 months within a 36-consecutive-month period as identified by the Michigan Department of Human Services (DHS), and have applied to use the TIP program before high school graduation or GED completion.

TIP provides assistance in two phases:

Phase I covers tuition and mandatory fee charges for eligible students enrolled in a credit-based Associate degree or Certificate program at a participating Michigan community college, public university, degree-granting independent college, federal tribally-controlled college, or Focus: HOPE.

Phase II provides a maximum of $2,000 total tuition assistance for credits earned in a four-year program at an in-state, degree-granting college or university.

For more information on the TIP program, go to or contact the Michigan Office of Scholarships and Grants at or 1-888-447-2687 BEFORE YOU GRADUATE HIGH SCHOOL if you think you may be eligible.

Awards are subject to legislative changes.


Michigan Competitive Scholarship

These State scholarships range from $100 to $1,300 at Lake Superior State University.

To apply, applicants must:

  1. Have been a continuous resident of Michigan for a 12-month period before July 1 of the award year.
  2. Be a Michigan high school graduate.
  3. Have a qualifying American College Test (ACT) sum score of 90 or higher.
  4. File a FAFSA by March 1st and demonstrate financial need.

Students can add up to 10 schools on the FAFSA. Because Student Scholarships and Grants (SSG) does not know which college the student will select, the award is based on the first college listed. The student is responsible for notifying SSG of a change of address or college choice by logging into the MiSSG Student Portal.

In order to renew the scholarship each year, students must be in good academic standing with at least a 2.0 GPA and must meet Satisfactory Academic Progress (SAP) requirements. High school seniors must take the ACT by December of their senior year.

For more information visit the Michigan Competitive website.


Police Officer's and Fire Fighter's Survivors Tuition Program

P.A. 195 of 1996 established this program to provide a waiver at state public institutions of higher education for children and surviving spouses of Michigan police officers and fire fighters killed in the line of duty. The Office of Scholarships and Grants began administering this program on behalf of eligible students beginning with the 2010-11 academic year. (The program was formerly administered by the Michigan Commission on Law Enforcement Standards - MCOLES).

To be eligible, students must:

  • be the natural or adopted child of the deceased and must be under the age of 21 at the time of the police officer's or fire fighter's death
  • be enrolled at least ½ time in a program of study leading to a degree or certificate
  • be an undergraduate
  • be a Michigan resident
  • demonstrate financial need

For more detailed information and application forms, click here, or contact the Office of Scholarships and Grants at: or call toll-free 1-888-4-GRANTS (1-888-447-2687).


Fostering Futures Scholarship

There is a new scholarship opportunity for youth who have experienced foster care in the state of Michigan. This scholarship offers foster youth funds for tuition, fees, room/board, books, and supplies/equipment required for enrollment.

  • Student must have been in foster care on or after their 13th birthday
  • There is no upper age limit.  Student can receive funding at any age.
  • Student must be attending a Michigan public or private 4-year college/university or a community college.
  • Funding amounts vary based on need and any other financial aid the student is receiving
  • This funding can be used along with ETV.

The maximum amount is $3,000 per year but must be for a specific unmet need for the following: Tuition, fees, room, board, books, supplies and
equipment required for enrollment.

Application for the 2015-16 Academic Year are DUE: JULY 6, 2015

The Application can be found at:,4666,7-237-61346---,00.html

Please note this is a fillable form that may be completed online. Sign and date your completed application, keep a copy for yourself, and then submit the application to the address or fax number located on the bottom of the application. 

Questions may be directed to Student Scholarships and Grants at or call toll-free at 1-888-4-GRANTS (888-447-2687)

Contact the Fostering Futures Scholarship program, Student Scholarships and Grants, toll free at 1-888-4-GRANTS (1-888-447-2687), e-mail, or fax 517-241-5835.


Vocational Rehabilitation

The Michigan Jobs Commission Rehabilitation Services provides services and financial assistance to persons with any disability that has interfered with, or may interfere with, the individual’s job performance. Students must apply for financial aid and have need.

Further information may be obtained by contacting your nearest Michigan Rehabilitation Services Office of Michigan Jobs Commission.


Institutional (LSSU) Aid

LSSU Scholarships

  • Incoming Freshman
  • Transfer Students
  • Current Students
  • Departmental Scholarships
  • Philip Hart Scholarship
  • Additional Scholarships

Learn more about our scholarships by clicking here


The Lake Superior State Board of Trustees’ Grant Program (Priority aid)

This program provides assistance to incoming and currently enrolled students based on financial need. The grant is considered a form of “priority aid”, requiring the on-time filing of the FAFSA each year by March 1st and on-time admission to the university. Recipients must be Michigan residents and enrolled full time in Lake Superior State University classes.



Michigan Indian Tuition Waiver

Students meeting the criteria may be eligible for a full waiver of tuition while working on their program at LSSU. Beginning summer of 2010, the Michigan Indian Tuition Waiver, previously administered by the Inter-Tribal Council of Michigan, is now administered by the Michigan Department of Civil Rights (MDCR), as directed by the Michigan Indian Tuition Waiver law, Public Act 174 of 1976. Students seeking the waiver must submit a certified application and supporting documentation to MDCR prior to receiving the waiver. MDCR will review the application and provide information concerning the waiver to LSSU. Students must also request the waiver each semester prior to the "census date" and must have all required documentation on file.

Students must meet the following criteria to be eligible for the MITW:

  • 1/4 blood quantum (certified by Tribal Enrollment Dept.)
  • Member of a Federally recognized Tribe (certified by Tribal Enrollment Dept.)
  • Resident of Michigan for 12 consecutive months (certified by LSSU)

To apply for the use of the Michigan Indian Tuition Waiver (MITW) at LSSU:

1. Complete the MITW application and submit it to your Tribal Enrollment Office.
2. Be prepared to submit proof of Michigan residency for 12 months prior to the start of the semester.
3. Complete your LSSU request for MITW each semester before the census date (the last day to add/drop classes at a 100% refund).
4. Check your My.LSSU: Anchor Access account regularly for updates and required documents.

Michigan Indian Tuition Waiver (MITW) Application

MITW Frequently Asked Questions

MDCR - Michigan Indian Tuition Waiver

MDCR - Michigan Department of Civil Rights

LSSU Request to use MITW


Other Aid Sources

Alternative Loans

Alternative loans are not Federal loans. All students may be eligible for some type of Federal aid. Federal student loans with fixed interest rates of 4.29% (2015-2016) are available to students at all income levels. LSSU recommends that students borrow their maximum eligibility in Federal loans before applying for alternative loans because Federal loans generally have better terms, conditions and borrower benefits. Please complete a FAFSA (Free Application for Federal Student Aid) in order to utilize all of your potential federal aid eligibility before considering an alternative loan.

Another Federal loan option is the Parent PLUS loan dependent students. This loan is available to parents at a 6.84% (2015-2016) fixed interest rate. The maximum PLUS loan amount is the cost of attendance minus any other financial aid.

Alternative loans are private, credit-based education loans. Students can borrow up the their COA (Cost of Attendance) less any other aid they receive. It is strongly encouraged that students complete the FAFSA to utilize their maximum federal aid eligibility first. The maximum that you could borrow is listed as the "Parent PLUS or Alternative Loan" option on your Official Offer of Award, assuming that you will utilize your federal loans first. We recommended that you use the Loan/Cost Estimator Tool to determine the actual amount that may be needed. Borrowing can be costly and we encourage students to exhaust all other options before applying for an alternative loan.

For more information on alternative loans, click here.


Canada Student Loan (OSAP)

Canadian students who need help paying for a college or university education may apply for aid through the Ontario Student Assistance Program (OSAP). OSAP offers a mixture of grants and loans.

To be considered for OSAP, you must meet the following requirements :

  • Be a Canadian citizen, Permanent Resident or Protected Person;
  • Meet Ontario residency requirements;
  • Be enrolled in an approved post secondary institution taking an approved program;
  • Be taking at least 60% of a full course load, or 40% if you have a permanent disability.

Students who complete an OSAP application may be eligible for the Canada-Ontario Integrated Student Loan (COISL). The loan is funded by both the Government of Ontario and the Government of Canada.  The loan is issued through the National Student Loans Service Centre (NSLSC).

For more information visit the OSAP web site at:

Students planning to use OSAP, must turn in a Program Information Form and Confirmation of Enrollment Form to the Registrar's Office.

Another loan option for Canadian students is available through Global Education Management Services (GEMS). Visit for loan features, program requirements and how to apply.


International Student Loans

"Global Education Management Services (GEMS) partners with highly regarded and experienced financing companies to provide the best in student loan options for students pursuing their educations outside of their home countries."

Click here for more information about student loans for international students.


Veterans and Active Duty Educational Benefits

Lake Superior State University’s VA Certifying Official acts as a liaison between the Department of Veteran Affairs and eligible students. Student eligibility for veterans educational benefits is determined by the United States Department of Veterans Affairs. Students who believe they are eligible for veterans educational benefits are encouraged to contact the U.S.  Department of Veterans Affairs and the Michigan Department of Military and Veterans Affairs for educational assistance programs.  Additional information is available at LSSU’s Veterans Benefits web site at  A Veterans Educational Benefits recipient must be admitted into a degree program or as a guest student. The student is required to provide the University’s VA Certifying Official with a degree audit form from their department. All transfer credit is evaluated and recorded as “credit for previous training”. Classes may not be repeated if passing grades were received. Each semester the student must provide a completed certification form of scheduled classes within their declared major to the University’s VA Certifying Official. The student must also notify the University’s VA Certifying Official of any change to their scheduled classes, academic program, or withdrawal from the University. These activities along with attendance are monitored and reported to the U.S. Department of Veterans Affairs.  Standards of Progress requirements for recipients of Veterans educational benefits follow the University’s “Academic Probation and Dismissal Policy” as stated. If a student fails to meet these standards, the University’s VA Certifying Official must notify the U.S. Department of Veterans Affairs and the student’s benefits will be terminated for unsatisfactory progress.


Federal Tuition Assistance (FTA) Program

The Federal Tuition Assistance (FTA) program provides financial assistance for eligible soldiers who are taking classes as part of an approved degree or certificate program.

To be eligible, students must:

  • Be a good standing member in the Army National Guard.
  • Be actively drilling with his/her unit.
  • Be attending a course of instruction that is included in a vocational program, associate, baccalaureate, graduate or professional degree program offered by an accredited college, university, community college, technical college or trade school.

FTA will cover 100% of tuition costs up to the cap of $250 per semester hour for up to 16 semester hours per fiscal year, totaling $4,500 per fiscal year.

FTA is limited to 130 semester hours of undergraduate credit or baccalaureate degree, whichever comes first and 39 semester hours of graduate credit or master's degree, whichever comes first.

For more information on FTA and how to apply, click here. FTA request must be made through prior to the course start date.


Michigan National Guard State Tuition Assistance Program (STAP)

The Michigan National Guard State Tuition Assistance Program (STAP) was created by Public Act 259 of 2014 to provide tuition assistance at certain educational institutions for Michigan National Guard Members.

Students may receive up to $6,000 per academic year which includes fees that are directly related to the courses taken. Students may use the STAP for up to 144 undergraduate credits and up to 42 graduate credits.

Students must be enrolled in courses leading to the completion of an associate, bachelor, master or first professional degree. The program is also authorized for vocational, technical or trade school certificates.

Students must apply for Federal Tuition Assistance (FTA) prior to applying for STAP. STAP can be used in conjunction with the GI Bill, Pell Grants and ROTC scholarships so long as the combined total of assistance does not exceed 100% of eligible tuition and fees.

For more information about STAP, including FAQs and application materials, please click here.


Michigan Educational Trust (MET)

MET allows parents, grandparents, businesses, and others to pre-purchase undergraduate tuition for a child residing in Michigan at any Michigan public university or college, including 28 public community colleges.  Under the contract, MET will guarantee payment of tuition and mandatory fees without further charge. MET guarantees in-state tuition at public four-year colleges and universities in Michigan or in-district tuition at public community colleges in Michigan.